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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 62,438 $ 50,611
Restricted cash 4,901 4,623
Accounts receivable, net 151,578 124,592
Inventories, net 162,589 129,879
Prepaid expenses and other current assets 11,687 7,439
Assets held for sale 12,517 0
Income tax receivable 1,587 1,054
Deferred income taxes   5,960
Total current assets 407,297 324,158
Property, plant, and equipment, net 110,962 105,351
Goodwill 48,651 43,052
Intangible assets, net 29,041 28,549
Deferred income taxes 7,913  
Deferred income taxes   10,430
Long-term restricted cash 0 4,600
Other assets 4,566 4,896
Total assets 608,430 521,036
Current liabilities:    
Accounts payable 119,165 97,157
Line of credit 138,000 49,987
Accrued compensation 34,499 35,580
Accrued sales discounts, rebates and royalties 8,882 8,358
Accrued income taxes 3,670 375
Other accrued liabilities 28,719 24,410
Total current liabilities 332,935 215,867
Long-term liabilities:    
Long-term contingent consideration 13,400 10,500
Deferred income taxes 4,423  
Deferred income taxes   7,060
Income tax payable 2,520 791
Other long-term liabilities 1,603 6,308
Total liabilities 354,881 240,526
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value, 50,000,000 shares authorized; 23,760,434 and 23,575,340 shares issued on December 31, 2017 and 2016, respectively 238 236
Paid-in capital 265,195 250,481
Treasury stock, at cost, 9,702,874 and 9,022,587 shares on December 31, 2017 and 2016, respectively (262,065) (222,980)
Accumulated other comprehensive income (loss) (16,599) (22,821)
Retained earnings 266,780 275,594
Total stockholders' equity 253,549 280,510
Total liabilities and stockholders' equity $ 608,430 $ 521,036